1026 West Ave Crossville, TN 38555

Listing agency Tera Stanton Keller Williams

Listed by Danika Bull · License #TN 347615

Source Crexi

Added: Apr 12 Updated: Jul 20 at 7:53PM Checked: Jul 20 at 7:53PM

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Investment Insights

Based on property information with market context.

This CVS-anchored retail building is offered with a newly executed 10-year lease by CVS, including (4) 5-year renewal option periods. Property renovations include a new EPDM roof with a 20-year warranty, freshly painted metal awnings and structures, replacement of all exterior lights with low-maintenance LED lighting, and new asphalt with parking lot striping.

The property is situated on a corner at a busy intersection in an active trade area centrally located in the city. The remarks indicate the store is a high-producing location close to a hospital.

The lease is corporately guaranteed by CVS Corporation.

Key Highlights

• New 10‑year CVS lease executed with (4) 5‑year renewal option periods
• Lease is corporately guaranteed by CVS Corporation
• New EPDM roof with a 20‑year warranty

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FAQs

What type of property is this?

Drug store - Retail building with a new 10-year CVS lease and multiple renovation upgrades including roof, LED lighting, and parking improvements.

Where is this drug store located?

The property is located at 1026 West Ave Crossville, TN.

What are key features of this property?

This property features: New 10‑year CVS lease executed with (4) 5‑year renewal option periods; Lease is corporately guaranteed by CVS Corporation; New EPDM roof with a 20‑year warranty